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Continued Positive Trends With Improved Footfall, Higher Consumer Spending and Rent Collection for Citycon's Centres in May
- We're happy to see continued positive trends with improved footfall, higher consumer spending and rent collection, says F. Scott Ball , CEO. As a leading Nordic player, Citycon is operating in a very stable business environment. In addition, our business model proves to be strong, even in times of covid-19. Our necessity-based community centres with retail, municipal services and grocery stores/pharmacies are connected to public transportation which provides natural visitor flow, every day.
This press release follows the stock exchange release dated 25 June 2020 .
Citycon is a leading owner, developer and manager of urban grocery-anchored shopping centres in the Nordic countries. The total value of the property portfolio managed by Citycon is approximately EUR 4.4 billion . Citycon is the leading shopping centre owner in Finland and among the market leaders in Norway , Sweden and Estonia . Citycon has also established a foothold in Denmark .
www.citycon.com
Sanna Yliniemi
Vice President, Centre Management
Tel. +358-41-456-3421
sanna.yliniemi@citycon.com
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